Tagged: Payment Systems

Payments Canada Update: Automated Clearing Settlement System and Lynx Cleared and Settled Transactions Valued at Over $106 Trillion

At Payments Canada they aim to dedicate resources to the delivery, operation and governance of payment systems that are innovative, secure and globally connected. As the fourth quarter of 2023 is quickly coming to a close, Tracey Black, the President and CEO at Payments Canada,… Read More

Dr. Torsten Stuber: CTO at Pendulum Explains How Use of Stablecoins Affects Developments of DeFi Apps

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More

RM Sotheby’s to Accept Car Auction Payments in Cryptocurrency Via BitPay

RM Sotheby’s, the world’s largest collector car auction house by total sales, today announced the company is accepting cryptocurrency for payment for goods and services from BitPay, a provider of Bitcoin and cryptocurrency payment services. RM Sotheby’s said the ability to accept cryptocurrency enables it… Read More

Smart POS System Use to Nearly Triple by 2026

Smart point of sale (POS) use is expected to nearly triple over the next five years, new data from Juniper Research suggests. Smart POS systems blend loyalty and analytics directly into the terminal and work nicely with the growing use of digital payments and QR… Read More

Proper Digital Payments Systems Use Cached Data for Speed and Persistent Data for Recoverability, Coinbase Explains

Digital asset exchange Coinbase recently explained how the company is building digital payments systems. Coinbase says that it aims to create an open financial system for consumers and businesses across the globe. The Coinbase Payments team’s mission is “to empower customers to move money in… Read More

Stablecoins May Lead to Transformation of Financial Services, Especially Payments, According to Experienced Investment Professionals

Stephen McKeon and Derek Schloss from Collab+Currency (Collaborative Fund) have noted that they’ve invested in LUNA, which is a digital token that backs the Terra ecosystem of stablecoins (virtual currencies pegged 1-to-1 with real-world assets like the US dollar or commodities like gold). McKeon and… Read More

U.S. Fintech BillGO Launches Bill Pay Relief Hub For Americans Impacted by the COVID-19 Pandemic

BillGO, a U.S.-based bill pay and real-time payment systems provider, announced on Monday it has launched a bill pay relief hub specifically for Americans who are impacted by the COVID-19 pandemic. According to BillGO, the payment relief can come in a variety of forms, including:… Read More

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